The first Projects of Energy Community Interest (PECIs) have been adopted today at the Energy Community Ministerial Council in Vienna. With the participation of Commissioner for Energy and Housing Dan Jørgensen – his first official meeting outside Brussels – the meeting also approved a recommendation aiming to enhance the deployment of renewable energy projects in Energy Community countries. […]
Officials from the European Commission’s Directorate General for Energy and the European Defence Agency have signed a grant agreement in Brussels today aimed at improving the energy performance of the defence sector. Marking the start of phase 4 of the Consultation Forum for Sustainable Energy in the Defence and Security Sector (2024-2028), today’s signing ceremony formally approves […]
PPC Group enters the renewable energy market in Italy with two new photovoltaic plants, with a total installed capacity of 32 MW. In line with its commitment to consolidate its leadership in the energy transition in South-Eastern Europe, PPC Group expands its green portfolio with the inauguration of the Carcarello and Luxenia photovoltaic plants, located […]
Largely untapped underground energy source can help meet world’s rapidly growing demand for electricity, but cost reductions are needed to drive new generation of projects With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the […]
The industrial sector accounts for about a quarter of global CO₂ emissions, with China responsible for nearly half of these while India, EU28 and the United States contribute an additional quarter of emissions. Slashing CO₂ emissions in industry is a necessary condition to achieving net zero emissions globally by mid-century. Previous IEA work on industry […]
The Eximprod Group announced on its LinkedIn page the completion of the 110/33 kV – 63 MVA electrical transformer station in Glodeni, Mureș County. `As a general contractor, Eximprod delivered a turnkey project, which included: – construction works; – delivery and installation of primary and secondary 110 kV and 33 kV equipment; – coordination and […]
The largest photovoltaic panel system in Romania installed on the roof was implemented at the Kronospan factory in Sebeş, the project value being almost 51.17 million lei, the company’s representatives announced in a press conference held on Friday in Bucharest. The “Kronospan Sebeş Photovoltaic Panel System” project is co-financed by the National Recovery and Resilience […]
Italgas, which two years ago acquired DEPA Infrastructure and renamed its Greek gas network company Enaon, announced that it is preparing a total investment of 1 billion euros in Greece as part of the group’s 2024-2030 Strategic Plan, writes the publication Ekathimerini. This program will be executed by its subsidiary Enaon, focusing on four main […]
State-controlled oil company Rosneft will supply nearly 500,000 barrels per day (bpd) of crude oil to India’s private refiner Reliance in the largest-ever energy deal between the two countries, three sources familiar with the deal said, according to Reuters. The 10-year deal represents 0.5 percent of global supply and is worth about $13 billion a […]
The company has launched a 23 million lei public tender through the SEAP platform, aiming to acquire remote control peripheral units for medium and low voltage networks, in order to maintain the energy infrastructure at modern standards. “The new remote control equipment is essential in building and operating a modern and intelligent network, through systems […]
Several officials in Hungary and Slovakia said on Wednesday they were looking for ways to continue making payments for Russian gas, payments that are now in question after the latest US sanctions targeting the Russian bank Gazprombank, Reuters reports, quoted by Agerpres. Hungarian Foreign Minister Peter Szijjarto said he would hold talks with Russian Deputy […]
The European Bank for Reconstruction and Development (EBRD) and the Nordic Investment Bank (NIB) are supporting the roll-out of greener public transport in Vilnius, Lithuania by each lending €40 million to Vilniaus Viešasis Transportas (VVT), the city’s urban transport company. The €80 million co-investment will enable VVT to purchase up to 73 additional electric trolleybuses […]
Schneider Electric, the leader in digital transformation of energy management and automation, has today announced the launch of its new Galaxy VXL – a highly efficient, compact, modular, scalable, and redundant 500-1250 kW (400V) 3-phase uninterruptible power supply (UPS), complete with enhanced cybersecurity, software, and safety features. At just 1.2m2 with a power density of […]
Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Designed to be completely carbon neutral, the battery plant will be implemented in several phases and investment plans. Targeted […]
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